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The Euro continues to be under pressure in Asian trade as the Greek government considers new terms and conditions to the second bailout loan, even as the deadline for their agreement looms.
In Asian trade, commodity-linked currencies fell on news that China’s non-manufacturing PMI slipped to 52.9 last month from December’s reading of 56.0 .
The Euro moved higher against the U.S. Dollar as risk appetite improved following a run of better than expected global PMI data.
It is better be alone than in bad company.
— George Washington
